This property looks like a bad Long-Term investment with a projected -12.01% first-year return on $80,514 initial cash invested.
-12.01%
Cash On Cash
4.11%
Cap Rate
0.66
DSCR
$2,295
Rent
-$806
Cashflow
Cash Flow
$2,295 income − $3,101 expenses = $806 out of pocket
Investment Breakdown
|
Purchase Price
$383k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,514
Downpayment
20%
$76,680
Closing costs
1%
$3,834
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,295
Total Expenses
$3,101
Mortgage P&I
87%
$2,003
Property Taxes
12%
$265
Home Insurance
6%
$131
HOA
5%
$104
Property Management
10%
$230
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0